What is ICD-10? International Classification of Disease tenth revision (ICD-10) is a system of coding created by the World Health Organization that notes various medical records including diseases, symptoms, abnormal findings and external causes of injury. Next October 1, 2015, … Read More
What does your practice’s denial rate look like? If it is higher than 4 percent, you need to take action. By implementing these simple steps, you can help to avoid billing mistakes and denied claims. Verify Insurance Not verifying insurance … Read More
When outstanding patient balances grow out of control, your practice may feel there’s no option but to place them in the hands of a collection agency. However, turning an account over to collections should only be used as a last … Read More
The good news is that Affordable Care Act (ACA) has expanded health insurance to millions of Americans. The bad news is that medical practices are struggling with newly-insured patients, many of whom have very low insurance literacy. The practices report … Read More
Surgeons spend years developing the skills they needs to perform complicated surgeries. Their intelligence is admirable. Their dexterity is amazing, and their knowledge can be awe-inspiring. A patient needs to believe these things about the man or woman who will … Read More
A recent study from Pew Research sheds light on just how patients are using the Internet when making health care decisions. Seventy-two percent of Internet users said they have researched health information online within the last year. One in five Internet users … Read More
Medical practice management has seen so many deadline shifts in health care news lately, we wanted to make sure your office didn't miss the one that hasn't changed. Under the Physicians Payment Sunshine Act, pharmaceutical and medical device manufacturers will be … Read More
When announcements about Medicare reform come out, physician office managers usually cringe. Typically, it means more red tape, paperwork and staff time. However, the Centers for Medicare and Medicaid Services (CMS) announced reforms last week that will actually save money … Read More
The most important aspect of Meaningful Use is accurate data; therefore medical practice administrators must have efficient reporting processes established when it is time to submit for Meaningful Use. The end of the 2nd reporting quarter, for those who are in their … Read More
While this post is written mainly from the consumer’s point of view, it shows the need as well as the effort that is underway to prevent Medicare fraud. It requires a joint effort the part of both the patient and … Read More